Prince of Saudi Arabia to invest into Mongolia |
N.Enkhbayar, the President of Mongolia, received representatives led by Al-Valid bin Talal Abdul Aziz Saud, the Crown Prince, and Amira, the Princess of Saudi Arabia. The Head of the State expressed, he is glad that they are visiting Mongolia.
N.Enkhbayar, the President of Mongolia, received representatives led by Al-Valid bin Talal Abdul Aziz Saud, the Crown Prince, and Amira, the Princess of Saudi Arabia. The Head of the State expressed, he is glad that they are visiting Mongolia. And he noted, the relation and cooperation in both countries is important to develop. The President N.Enkhbayar said, “Tourism sector is our important sector. It is very significant to develop locality, put road, and build construction and power station”. The Prince Al-Valid bin Talal Abdul Aziz Saud said, “We came in Mongolia to study opportunity of investment for Mongolia especially the cooperation for the tourism sector”. At the end of the meeting, the Head of the State of Mongolia awarded the Crown Prince Al-Valid bin Talal with Honoured medal of the 800th Anniversary for the Establishment of the Great Mongolia. /Olloo.mn/ |
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Canada to open trade office in Ulaanbaatar |
Canada will open a permanent trade office in Mongolia to assist local Canadian businesses. Canadian firms have a reported $395 million in investments, including operating more than 20 mines. Canada is also Mongolia’s second largest investor. |